The founder and editor of MagicDiligence.com, a website dedicated to researching and recommending only the best stocks in Joel Greenblatt's Magic Formula Investing screen.
Magic Formula Investing (MFI), as described by hedge fund manager Joel Greenblatt in The Little Book that Beats the Market, consists of ranking stocks by earnings yield (cheap) and return on capital (quality), adding the rankings together, and buying from the resulting lists. Below are stocks that have moved into, and dropped out of, 3 of the MFI screens used by MagicDiligence:
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Magic Formula Investing Weekly Roundup 9/19/2010 0 comments
Magic Formula Investing (MFI), as described by hedge fund manager Joel Greenblatt in The Little Book that Beats the Market, consists of ranking stocks by earnings yield (cheap) and return on capital (quality), adding the rankings together, and buying from the resulting lists. Below are stocks that have moved into, and dropped out of, 3 of the MFI screens used by MagicDiligence:
Entering the 50 over 50 million screen:
CJJD - China Jo-Jo Drugstores IncGXDX - Genoptix Inc
MGIC - Magic Software Enterprises Ltd
Dropping out of the 50 over 50 million screen:
CSGS - CSG Systems International Inc.KIRK - Kirkland's Inc
RST - Rosetta Stone Inc
Entering the 50 over 1 billion screen:
GIB - CGI Group Inc.JCOM - j2 Global Communications Inc
WTW - Weight Watchers International Inc.
Dropping out of the 50 over 1 billion screen:
CRI - Carter's Inc.GPS - Gap Inc. (The)
TER - Teradyne Inc.
Entering the 30 over 3 billion screen:
LPS - Lender Processing Services IncDropping out of the 30 over 3 billion screen:
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Dex Media $DXM new to MFI. Combination of Dex One and Supermedia, two stocks I never liked. Don't like this one, either.
6 days ago
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New Article: Magic Formula Gun Stock Shootout: Smith & Wesson $SWHC vs. Sturm Ruger $RGR http://bit.ly/106rD8p
May 17, 2013
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Tobacco firms starting to creep back into Magic Formula. Last week Vector Group $VGR and Reynolds $RAI showed up on 50 over 1 billion screen
May 12, 2013
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